The Rise of Worldwide Asset Freezing Injunctions
April 18, 2022 Commercial, Premium, Regulatory Issues
The notion of worldwide asset freezing is coming into play as a court approves Harbour Underwriting’s cross-undertaking insurance policy, one of only a handful in the history of global litigation. Given the unusual nature of the policy, many legal scholars expect worldwide cross-undertaking insurance policies to grow in demand as the litigation finance industry becomes aware of its utility.
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